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Texas Oil Drops by 6.26 Percent to a Possible Deal to End the War

Summary by Proceso Digital
Texas oil drops by 6.26 percent before a possible deal to end the war The entry Texas oil drops by 6.26% before a possible agreement to end the war was first published in Digital Process.
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NEW YORK, USA. – Texas Intermediate Oil (WTI) began Thursday with a 5.25 percent drop, to $90.09 a barrel, after it became known that the United States and Iran are approaching an agreement on a brief memorandum to end the war, according to the [...]

Markets celebrate truce between the U.S. and Iran: stocks and oil reactThe Texas Intermediate Oil (WTI) registered a 7.0% drop on Wednesday and closed at $95.08 per barrel, in a context marked by expectations of a possible understanding between the U.S. and Iran that would put an end to tensions in the Middle East. At the close of the session, WTI's futures contracts for June—referring to the U.S. market—regressed $7.19 from the previous day.The…

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West Texas Intermediate (WTI) crude oil fell 7.03% on Wednesday to $95.08 a barrel amid a possible agreement between the United States and Iran to end the war in the Middle East. At the close of trading, WTI futures contracts for June, the benchmark U.S. crude, were down $7.19 from the previous close, when optimism about a cessation of the conflict had already lowered the price by 3.9%. The price of oil fell below the $100 mark as it awaited a p…

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Texas oil drops by 6.26 percent before a possible deal to end the war The entry Texas oil drops by 6.26% before a possible agreement to end the war was first published in Digital Process.

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Proceso Digital broke the news on Wednesday, May 6, 2026.
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